EDITOR'S CHOICE -- SCOTT SUTTELL

On Tuesday, while a New York City mayoral candidate who will be forever known as “Carlos Danger” was dealing with a fresh sex scandal, a former Ohio politician was taking another step to put his sexual misadventures behind him.

Former Ohio Attorney General Marc Dann is rebranding his Cleveland law firm “after completing a six-month law license suspension sparked by the 2008 sexual harassment scandal that prompted his resignation from state office,” according to the Associated Press.

Mr. Dann, a former Democratic state senator from Youngstown, said Tuesday that Dann, Doberdruk & Harshman has been renamed The Dann Law Firm. The foreclosure-focused firm simultaneously launched a new website.

The video message to prospective clients highlights “his consumer advocacy and court victories as Ohio's top lawyer,” the story notes. Not surprisingly, it “omits reference to the high-profile political fall that tarnished Democrats across Ohio or to Dann's guilty plea on ethics charges.”

This and that

Hot commodities:The Wall Street Journalreports that banks' ownership of oil pipelines, metals warehouses and other commodity assets “poses a significant risk to the financial system while imposing extra costs on companies and consumers,” lawmakers and witnesses said at a Senate hearing before a subcommittee chaired by Sen. Sherrod Brown.

“The criticism comes as the Federal Reserve reconsiders its decade-old decision to allow big banks to trade, store and transport raw materials, threatening what has become a lucrative business for Wall Street,” according to the story.

Goldman Sachs Group Inc., J.P. Morgan Chase and Morgan Stanley, three of the largest financial entrants into physical commodities markets, held $35.2 billion in physical commodities at the end of last year, The Journal reports. The 10 largest investment banks had $1.2 billion in commodity-related revenue in the first quarter, according to Coalition, a research firm.

Sen. Brown, D-Avon, “questioned regulatory decisions that opened the door for banks to become major participants in commodities markets,” The Journal says. Details of banks' involvement in controlling metals warehouses and similar businesses "are often buried in arcane regulatory filings," making it difficult to know the scope of their operations, he said.

"What do we want our banks to do, make small business loans or refine and transport oil? Issue mortgages or corner the metals market?" Sen. Brown said.

Speak up:NorTech president and CEO Rebecca O. Bagley has a big speaking gig this week.

Ms. Bagley will be part of a panel discussion on Thursday, July 25, in Washington, D.C., hosted by the Metropolitan Policy Program at the Brookings Institution. The panel will discuss how to accelerate innovation and strengthen the competitiveness of American manufacturing.

The event starts at 9:30 a.m. Click the above link to register for a live webcast.

The discussion follows a speech by Gene Sperling, director of the National Economic Council and assistant to the president for economic policy.

Brookings senior fellow Mark Muro will moderate the panel. In addition to Ms. Bagley, the panel includes James Manyika, director at McKinsey & Co., and Martin Schmidt, associate provost and professor of electrical engineering at MIT.

Maybe our ship will come in: Cleveland obviously has a lot of friends on Facebook.

USA Todayreports that Carnival's senior cruise director/blogger John Heald asked his Facebook followers over the weekend where the line's new ship, Carnival Vista, should home port when it debuts in 2016.

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